PMB and Montgomery Street Partners announce approval on the first speculative purpose-built life sciences project in Boulder County, CO

This new 365,000 sq. ft. facility in Boulder County will break ground in Q2 of 2023 and complete in Q3 of 2024

PMB, a leading healthcare real estate developer, in partnership with Montgomery Street Partners, received Superior Town Board approval on its final development plan for Coal Creek Innovation Park at Downtown Superior giving PMB discretionary approval to construct the $280M purpose-built life sciences project. PMB has hired CBRE, the world’s largest commercial real estate services and investment firm, to market it for lease.

Located in Downtown Superior, the park will be the first speculative purpose-built life sciences project in Boulder County, an area with historically low vacancy and high demand for lab space. The project will break ground in early 2023 and the first phase will include an owner-furnished, 27,000 sq. ft. spec suite space to enable quick occupancy for growing companies in need of high-quality lab space.

Initial plans call for three office/lab buildings ranging in size from 85,000 sq….
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